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WPL STO OSH BPT ALL Bitcoins SEK Bitcoins Tech Funds Financials 
Benchmark SP 500  1,629   22.88  Index Moved Down -1.39% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Trimble Navigation Limited  vs   Bruker Corp.
 Compare Fundamentals  
Daily Returns (%)
TRMB   BRKR   
 
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Given investment horizon of 30 days, Trimble Navigation Limited is expected to under-perform the Bruker. In addition to that, Trimble is 1.11 times more volatile than Bruker Corporation. It trades about -0.3 of its total potential returns per unit of risk. Bruker Corporation is currently generating about -0.18 per unit of volatility. If you would invest  1,694  in Bruker Corporation on May 21, 2013 and sell it today you would lose (46.00) from holding Bruker Corporation or give up 2.72% of portfolio value over 30 days.

Diversification

Poor diversification
Overlapping area represents amount of risk that can be diversified away by holding Trimble Navigation Limited and Bruker Corp. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.6
Parameters
Time Period1 Month [change]
DirectionPositive BRKR Moved Up vs TRMB
StrengthSignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
TRMB   BRKR   

Trimble Navigation Limited

 
    
Trimble
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Trimble Navigation Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for Trimble

Waters Corp vs. Trimble Navigation Limited
Garmin Ltd vs. Trimble Navigation Limited
CGG vs. Trimble Navigation Limited
BioRad Laboratories Inc vs. Trimble Navigation Limited
Bruker Corporation vs. Trimble Navigation Limited
FEI Company vs. Trimble Navigation Limited
Cepheid vs. Trimble Navigation Limited
Cognex Corporation vs. Trimble Navigation Limited
  

Bruker Corporation

 
    
Bruker
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Bruker Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for Bruker

Waters Corp vs. Bruker Corporation
Trimble Navigation Limited vs. Bruker Corporation
Garmin Ltd vs. Bruker Corporation
CGG vs. Bruker Corporation
BioRad Laboratories Inc vs. Bruker Corporation
FEI Company vs. Bruker Corporation
Cepheid vs. Bruker Corporation
Cognex Corporation vs. Bruker Corporation


 
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